CA, CS, CMA articles

Rekha Somani Joined CA at 37 and Completes at 41 proves Age is no bar for Success

41 years old, Rekha Somani has a distinction of passing CA (Final) examination in May, 2017. It was really a herculean task for a mother of two children to join and become CA in the late age. She joined chartered accountancy course at the age of 37 and completed with 57% marks, despite the fact […]...

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6 Best accounting software in India

Best accounting software keeps one’s financial data organized and it however also provides more accurate information anytime when anyone needs it....

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Why to afraid of failure

The word Failure has become a nightmare for everyone. No one wants this word to be used for them ever. Generally people have a belief that – if they fail, people will start sparing them, they will be marked as looser...

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Stand up – Pass & Fail are the Two Aspects of Life

No matter, if could not get success this time, Stay always dynamic, Success will come the next time. Pass & fail are only two aspects of life, Give complete credit to your failure, As coming success is the result of facing failure this time. ...

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Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 11

`Ind AS Transition Facilitation Group’ (ITFG) of Ind AS Implementation Committee has been constituted for providing clarifications on timely basis on various issues related to the applicability and /or implementation of Ind AS under the Companies (Indian Accounting Standards) Rules, 2015, raised by preparers, users and other stakeho...

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CA IPCC May 2017 Official Results Announcements

Institute of Chartered Accountants of India (ICAI) conducts Integrated Professional Competence Course (IPCC) exam twice a year in the months of May and November. Which will be now called CA Intermediate exam according to new amendments applied from 1 July 2017....

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All about ICITSS in CA New course

Students are facing problem to understand about the new ICITSS course which is applicable from 1st of July 2017. Here i am providing the summary of the Course....

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Accounting adjustment of prior period errors and omissions

While converting into Ind AS, the Companies are facing couple of practical issues in dealing with the requirements of Ind AS. There are lots of questions are still unanswered on practical aspects. Among the most common questions, one question is that - HOW TO ACCOUNT PRIOR PERIOD ERRORS?...

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8 tricks to overcome failure and clear CA finals exams

Before going further into details, firstly I would like to congratulate all those who cleared CA final Exams in May 2017 attempt, I wish everyone best of luck in their future endeavors and to all those who could not clear this time, Believe me it’s OK to fail in final as long as you are not losing hope to become a Chartered Accountant. ...

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Expense Account Fraud related to Employee Reimbursements

Expense fraud may not seem serious compared to more commonly reported types of fraud such as embezzlement or theft of company funds. However, filing phony expense reports is a type of company theft, and employees should be encouraged to see it as such. ...

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